SurgePays, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 34.78 million compared to USD 21.14 million a year ago. Net income was USD 4.55 million compared to net loss of USD 1.21 million a year ago.

Basic earnings per share from continuing operations was USD 0.32 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to diluted loss per share from continuing operations of USD 0.1 a year ago.